LONDON-Quintain has sold its recently completed student accommodation asset at Elephant & Castle in London for an amount of GBP 34 million.

HANOVER, GERMANY-AXA Real Estate Investment Managers has purchased a class-A logistics warehouse measuring 473,610 square feet in Niedersachsenpark, Lower Saxony.

SAVANNAH, GA-Savannah Morning News has reported that Charleston, South Carolina-based Bennett Hospitality is expecting start construction on Embassy Suites, a 150-room hotel on West Oglethorpe Avenue in Savannah.

TAMPA, FL-Franklin Street Real Estate Services has completed the sale of a foreclosed REO multifamily property in Tampa.

HOUSTON-San Francisco-based Prologis Inc. has started construction on a speculative industrial facility at 330 Northpark Central Dr. in north Houston.

CHICAGO-SMS Assist has inked a lease for a 41,000-square-foot space at the John Hancock Center located at 875 N. Michigan Avenue.

MIAMI-The Genting Group's affiliate has settled with a foreclosure judgment for $221 million with Argent Ventures, which owns the Omni International Mall.

WASHINGTON, DC-A joint venture between Akridge and First Potomac Realty Trust has closed the acquisition of a building located at 1200 17th St. NW from National Restaurant Association.